Which of the following goods needs further transformation in the economic process?

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Accepted Answer

Step-by-step explanation:

1. Define the terms briefly:
   - Consumer durable goods: final goods meant for direct consumption and long-term use.
   - Finished goods: goods that have completed the production process and are ready for sale/consumption.
   - Intermediate goods: goods used as inputs in the production of other goods and therefore transformed further.
   - Capital goods: produced goods used to help produce other goods (machines, tools); they are means of production rather than inputs that are transformed into the final product.

2. Identify which needs further transformation:
   - By definition, intermediate goods (item $3$) are specifically produced to be transformed or processed into other goods during the production process.
   - Finished goods and consumer durables are final products; capital goods are used in production but are not themselves transformed into the final product.

3. Conclusion: Only item $3$ (intermediate goods) needs further transformation.

FINAL_ANSWER: c

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